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SEC makes registration easier for power companies that are forced to IPO by law

The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

DOLE to issue revised IRR for Service Charge Law

The Department of Labor and Employment will be issuing the revised implementing rules and regulations or IRR of the Service Charge Law......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

EDITORIAL - Cha-cha fast break

If gathering the required number of signatures nationwide for a people’s initiative to amend the Constitution proves so easy, with the threshold allegedly already met even before the month is over and a nationwide plebiscite planned for July, the nation can be sure it will not be the last time that this mode of amending the basic law of the land will be employed......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Government workers for 10 years may earn civil service eligibility

Job order contractual, casual and co-terminus employees who have been working in the government for at least 10 aggregate years may now apply for civil service eligibility, according to the Civil Service Commission......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand kick-off rally

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday urged all government workers to work towards a “Bagong Pilipinas” (New Philippines) and deliver “responsive, efficient” service during the kick-off rally for his governance brand at Quirino Grandstand in Manila. Bongbong Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand rally He also encouraged Filipinos.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Villar: Biz groups just want ease of doing business

Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Maynilad spending P30 billion for service improvements

West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño weather phenomenon......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Pandora’s box

For some time now, there had been talks about the need to amend certain economic provisions of the 1987 Constitution, in particular that pertaining to foreign ownership in public utilities......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Some firms still violate ease of doing biz law despite Arta

The Anti-Red Tape Authority-Eastern Mindanao Region (Arta-EastMin) revealed that there are still several businesses in their jurisdiction that violate the implementation of the Ease-of-Doing-Business Law and other red tape concerns despite the agency’s comprehensive collaboration with other security and law enforcement......»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Marcos signs expanded Centenarian Law 

President Ferdinand Marcos Jr. signed into law Republic Act 11982 on Monday granting benefits to octogenarians and nonagenarians. The law covers Filipinos residing in the Philippines or abroad......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

12,246 law graduate sasabak sa 2024 online Bar exam

MAY kabuuang 12,246 na law graduate sa bansa ang nagparehistro para sa 2024 online Bar examination na pangangasiwaan ng Supreme Court (SC) sa Setyembre. The post 12,246 law graduate sasabak sa 2024 online Bar exam first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

College of Law sa CatSU, matutupad na – Dr. Azanza

Malapit ng maisakatuparan sa Catanduanes State University (CATSU) ang makasaysayang pagbubukas ng College of Law. Sa isang pahayag kamakailan sa kanyang facebook, ibinahagi ni CatSU President Patrick Alain T. Azanza na malapit na ang pagbubukas ng kursong Juris Doctor o Bachelor of Laws sa lalawigan ng Catanduanes na matagal ng inaabangan. Ayon kay Dr. Azanza, […] The post College of Law sa CatSU, matutupad na – Dr. Azanza appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsFeb 22nd, 2024

Cebu City taxpayers can now avail services online

CEBU CITY, Philippines – Cebu City taxpayers can now avail of services of the Office of the City Assessors (OCCA) through an online portal according to OCCA’s computer division head.  Nelyn P. Sanrojo, OCCA’s computer division head, said that clients could now avail of its services such as the issuance of a certified true copy.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

LWUA firm on intervention as MCWD water leakage increases

CEBU CITY, Philippines –The battle over authority continues in the Metropolitan Cebu Water District (MCWD) as the Local Water Utilities Administration (LWUA) stands firm in its decision on the six-month intervention, despite the status quo stance. The LWUA expressed confusion as to why the incumbent MCWD board would not honor the partial intervention, clarifying that.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Public services at risk of being weaponized in Marcos-Duterte feud, analyst says

Public services meant for marginalized Filipinos may be exploited to capture supporters amid the spat between the Marcoses and the Dutertes, a political science professor said, underscoring how the public ultimately shoulders the cost of warring political parties......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

DOE to NGCP, DUs: Be ready for ILP

The Department of Energ has directed the National Grid Corp. of the Philippines and all distribution utilities to be “fully ready” to implement the Interruptible Load Program amid the dry season......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

LWUA takes over MCWD’s policy-making functions for six months

CEBU CITY, Philippines – The Local Water Utilities Administration (LWUA) has assumed control over the Metropolitan Cebu Water District (MCWD), a significant step to resolve the long-standing issue as to who will manage the utility firm. LWUA earlier wrote a letter to MCWD Chairman Jose Daluz III and General Manager Edgar Danoso, informing them of.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024